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Pending
$185,000
/mo Edit
Multi-family:  Triplex
4 br • 3 ba • Built 1925
2,128 sqft • 0.182 acres
Worthington schools
MLS# 7069795
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    Property Description

    Single family home. Current rents are $1875 but include most bills Looking for an investment with flexibility? This unique triplex offers steady income now with the exciting potential to be restored into a grand single-family residence.Key Features:Three Units: Currently configured as three separate apartments.Income Producer: Generating $1, 875/month in gross rent (includes most utilities).Detached Garage: Spacious 2-car garage providing extra storage or tenant parking.System Specs: Reliable boiler heat for cold winters and window AC units for summer comfort.Endless Potential: Solid bones and a layout that allows for a straightforward conversion back to a large single-family home.Whether you want to build your rental portfolio or create a custom dream home while living in one unit, this property is a must-see.

    Listing

    Contingency: None
    Price per sq ft: $87
    City: Worthington
    County: Nobles
    State: MN
    Property Style: Triplex
    Zip Code: 56187
    Subdivision Name: Churchs Sub

    Interior

    Living Area: 2,128 ft2
    Basement Details: Egress Window(s)

    Exterior

    Stories: One and One Half
    Garage Spaces: 2
    Garage Size: 320 ft2
    Foundation Size: 1,004 ft2
    Handicap Accessible: None
    Heating System: Boiler

    Lot & Land

    Acres: 0.182
    Geolocation: 43.626993, -95.596704
    Lot Dimensions: 61 X156X61 x 104

    Schools

    School District: 518
    District Phone: 5073722172

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $1,563
    Annual Fuel Expense: $1,602
    Annual Insurance Expense: $943
    Annual Maintenance Expense: $1,500
    Annual Trash Expense: $480
    Annual Water/Sewer Expense: $3,374

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,406
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,198

    Income

    Annual Gross Income: $22,500

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Johnson Builders & Realty Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.